State taxes
thats what I would say
<span>Consumer rights and consumer protection law provides a way for individuals to fight back against abusive business practices. These laws are designed to hold sellers of goods and services accountable when they seek to profit by taking advantage of a consumer’s lack of information or bargaining power. Some conduct addressed by consumer rights laws is simply unfair, while other conduct can be described as outright fraud. Consumer rights laws exist at the federal and state level. They are enforced by government agencies, offices of attorneys general, and through individual and class action lawsuits filed by victims.
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The answer is Payday Lender.
Predatory lending is any lending practice that imposes unfair or abusive loan terms on a borrower. it's also any exercise that convinces a borrower to simply accept unfair phrases through misleading, coercive, exploitative or unscrupulous moves for a mortgage that a borrower would not want, does not want or can not have the funds for.
Answer:
c. Steve records receivables and writes off bad debts.
Explanation:
Segregation of duties is an internal control measure implemented by an organization to reduce the risk of fraud or error. It is the practice of separating duties to ensures mistakes, whether deliberate or not, do not happen without being detected by some else. In the segregation of duties, one person does not control transactions from start to finish.
Steve's role is of receiving inventories, and writing off bad debts poses a risk to the business. The two transactions relate to debt management. There is a likelihood of Steve interfering with accounts to records them as bad debts, yet he has received payments
Answer:
2. EOM Depreciation Expense 100 Accumulated Depreciation 100
Explanation:
The journal entry to record the monthly expense under straight-line depreciation is shown below:
EOM Depreciation Expense A/c Dr $100
To Accumulated Depreciation A/c $100
(Being depreciation expense is recorded)
The computation is shown below:
= (Purchase value of a fixed assets - estimated residual value) ÷ (useful life × total number of months in a year)
= ($3,750 - $150) ÷ (3 years × 12 months)
= ($3,600) ÷ (36 years)
= $100
